LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Prospectus

The official document a company publishes before selling shares to the public. Long, detailed, and worth a read.
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Yield curve

A graphical representation of interest rates over time
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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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